# Lumotive

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lumotive

- Industry: Semiconductors
- Headquarters: Redmond, US
- Website: www.lumotive.com
- Total disclosed funding: $44M
- Latest round: Series B (May 6, 2025)
- Investors on record: 17

## About

Based in Washington, US, and founded in 2017 by Bill Colleran and Gleb Akselrod (CTO), Lumotive, LLC is an optical semiconductor company that enables Lidar 2.0 for consumer electronics, industrial automation, robotics, and automotive applications. In July 2025, Lumotive, Inc. raised USD 14 million in series B funding from new investors Amazon and ITHCA Group. As of 2025, Sam Heidari is the CEO of the company. The company provides a Meta-Lidar™ reference platform, a software-defined 3D sensing solution that includes Meta-Lidar™ platform pillar 1, Meta-Lidar™ platform pillar 2, and Meta-Lidar™ platform pillar 3 that utilizes revolutionary beam-steering technology based on patented light control Metasurfaces™ and implemented in standard semiconductor manufacturing processes. The firms' LCMs enable the software-defined lidar with advanced perception capabilities. Lumotive's applications include smartphones/AR, industrial/robots, and automotive. The company will use the July 2025 funding to expand in global market presence and accelerate product deployments.

## Funding rounds

- Series B, May 6, 2025, $13M — Amazon, ITHCA Group, Stifel Venture Banking
- Series B, Dec 23, 2024, $18M — Quan Funds, Grazia Equity, TSVC, Himax Display, Inc., Swisscom Ventures, USAA Ventures, EDOM Technology, MetaVC Partners, Gates Frontier, East Bridge Capital, Hokuyo Automatic Co., Ltd.
- Series A, Nov 15, 2022, $13M — Samsung Venture Investment, USAA, UniQuest Limited

## Investors

- Samsung Venture Investment (https://capitalatlas.ai/funds/samsung-venture-investment) — Series A
- USAA — Series A
- UniQuest Limited — Series A
- Quan Funds — Series B
- Grazia Equity (https://capitalatlas.ai/funds/grazia-equity) — Series B
- TSVC (https://capitalatlas.ai/funds/tsvc) — Series B
- Himax Display, Inc. — Series B
- Swisscom Ventures (https://capitalatlas.ai/funds/swisscom-ventures) — Series B
- USAA Ventures (https://capitalatlas.ai/funds/usaa-ventures) — Series B
- EDOM Technology — Series B
- MetaVC Partners (https://capitalatlas.ai/funds/metavc-partners) — Series B
- Gates Frontier — Series B
- East Bridge Capital (https://capitalatlas.ai/funds/east-bridge-capital) — Series B
- Hokuyo Automatic Co., Ltd. — Series B
- Amazon (https://capitalatlas.ai/funds/amazon) — Series B
- ITHCA Group (https://capitalatlas.ai/funds/ithca-group) — Series B
- Stifel Venture Banking — Series B
